Inspectioneering Journal

Risk Based Inspection (RBI) - What's Best for You?

Know Your Objectives & Look for Substance!

By Greg Alvarado, Chief Editor at Inspectioneering. This article appears in the September/October 1997 issue of Inspectioneering Journal.

The amount of serious questions regarding the various technology options for implementing an effective RBI program is growing by leaps and bounds. I, for one, have seen many forms of what various organizations refer to as RBI. Remember that there are two sides to the Risk equation, i.e. likelihood or probability of failure and consequence of failure. The effectiveness of the RBI tool is highly dependent upon algorithm design, especially parametric considerations and their relative effect on one another and your objectives.

Forethought must be exercised when considering what's right for you. Many organizations have already spent loads of money on centralized/computerized maintenance management systems (CMMS) and inspection record keeping systems and are still struggling with them. Don't fall into the trap of thinking that because of these software tools you have invested in already has something in it called RBI (many consulting and software providers are jumping on this "bandwagon"), or that the software manufacturer is promising an RBI module in the future, that you should go with this as your RBI tool. "After all, this stuff can be a bit intimidating and you've already spent a bundle on the current software, not to mention costs to link it to your CMMS." Take some time to think again.

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